Quarterly Conference Call
Earlier today we had our quarterly conference call to discuss financial results for Jupitermedia for the first quarter of 2007. I thought the call went well. I was wrong. Our stock price declined 13% for the day.
I have run two public companies: Mecklermedia 1994-1998 and Jupitermedia 1999-2007. This means that I have had approximately 50 quarterly conference calls. One thing that I have learned is that it takes about four trading days to determine how the market has reacted to quarterly results. So while today was a bummer, let's see how Jupitermedia is treated by Tuesday of next week.
I do not relish seeing our stock get pounded, but I have been tempered by lots of fires and have learned to roll with the good and bad. I was optimistic on the call and feel just as optimistic writing this post.
For those who did not listen to the call nor wish to listen to a replay I point you to the Stock Asylum report of the call.
Jupitermedia CEO Alan Meckler
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